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Ciscosignals

CISCO Strong Bullish Break-outCisco Systems (CSCO) is sustainably breaking above the Lower Highs trend-line that started on the September 01 2023 High, which was a Higher High on the 1.5 year Channel Up pattern. This break-out has turned the 1D MA50 (blue trend-line) into a Support and the only barrier that remains before a new bullish wave is the 1D MA200 (orange trend-line). If broken (1D candle closing above it), we will target Resistance 1 at 53.50. Notice how based on the 1D MACD symmetry we are on the exact same consolidation levels (blue ellipse) before which a strong rally followed. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:CSCOLong
by TradingShot
Buying Cisco at 50-EMA.Cisco Systems - 30d expiry - We look to Buy at 51.21 (stop at 49.21) The primary trend remains bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. A lower correction is expected. This is currently an actively traded stock. 50 1 day EMA is at 51.10. The sequence for trading is higher highs and lows. Our profit targets will be 56.21 and 57.21 Resistance: 52.78 / 53.89 / 55.00 Support: 51.74 / 50.00 / 49.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NASDAQ:CSCOLong
by VantageMarkets
CISCO Strong price jump. Still high upside potential.Cisco Systems (CSCO) opened today considerably higher leaving behind both the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line) which was its Resistance this week. The price even broke above the 0.5 Fibonacci retracement level for the first time since May 04 2022. Needless to say this is a major bullish break-out from all perspectives. We expect a pull-back only after the 1D RSI hits 74.00, which has been the overbought level that caused major corrections. Up until that overbought level, the stock rose every time (3 occasions) by a minimum of +22.50% (others +26% and +30%). Assuming we see another (minimum) +22.50% rise before an overbought 1D RSI rejects the uptrend, we can expect a new High around $56.80, which is exactly at the bottom of a Resistance Zone holding since February 18 2022 (almost a year!) where 4 rejections took place a little after the peak of the market. Notice that a 1D Death Cross on March 21 2022 was what really made the price collapse aggressively during the Bear Market and a 1D Golden Cross (December 28 2022) is what can potentially make it recover the full distance to the prior market High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:CSCOLong
by TradingShot
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